The consolidated sales of the Cosumar group reached 10.23 billion DH at the end of December 2024 compared to the previous year, supported by the Good National Market Dynamics (+2.6%) and the growth of export sales volume (+10%) (+0.1%). According to the results of the sugar content, the growth of export sales volume was made possible in September 2024 thanks to the expansion of the group’s refinery capacities after commissioning the new refinery in Sidi Bennour.
The gross surplus of consolidated operative IFRS was at 1.75 billion DH at the end of 2024, which went to a decline of -3.6% compared to the same period of the previous year. “This variation is mainly due to a less important sugar campaign due to water stress.”Explained Cosumar and emphasized that this withdrawal was partially compensated for by the increase in local sales and export volume and by improving the group’s industrial performance. In this context, the group’s net profit from the group appeared at 850 million icalo in the late 2024 compared to 1.0 billion DH in 2023.
“The result of 2023 was the added value of the transmission of all shares of the Cosumar on the sugar -refinery in Saudi Arabia” Durrah Advanced Development “in 2023.The group indicates. Note that the latter should distribute a dividend of 10/actions for the previous exercise.
The implementation of the sowing program for the 2024/2025 campaign under better conditions has made it possible to increase the gift areas of +50% compared to the previous campaign. The group also emphasizes that improvement in the climatic conditions observed since January 2025 should have a positive impact on agricultural performance and the omen of significant growth in local sugar production.
With regard to the commissioning of the Sidi Bennour -Raffinerie, it made it possible to strengthen the group’s production capacity, which achieved 2.5 million tons, which offers great international growth opportunities. The group also examines opportunities for diversification and development at national and international level
